Companies
Dacia To Launch New Logan November 13
Romanian carmaker Automobile Dacia, owned by French group Renault, will launch November 13 its second-generation Logan on the local market.
URB’s Ball Bearings To Generate $1B Sales In Ten Years
URB-branded ball bearings could account for 1% of the world ball-bearing production in ten years, from the current 0.17%, according to the officials of Turkey’s Kombassan group, which owns R...
Highway Builders Make Faster Progress In September Than In Summer Months
The highway construction advanced faster in September than in the summer months, by an average 7.7%, from 4.5-5% per month in the summer.
Largest Wood Processing Business In Romania En Route For A 15% Growth In 2012
Austrian businessman Gerald Schweighofer, who owns several timber and wood panel plants in Romania, estimated his local wood processing and energy business will reach around half a billion e...
PM: Romania’s 2015 Deadline For Euro Adoption Not Carved In Stone
Prime Minister Victor Ponta on Monday said Romania’s 2015 deadline to adopt the euro is not “carved in stone”, but highlighted the country must continue efforts to observe the criteria neede...
Romania Secures Legal Assistance To Carry Out EU-Funded Transport Projects
Romania’s Transport Ministry selected law firms Bostina and Asociatii, Ratiu&Ratiu and Popovici Nitu&Asociatii to offer legal assistance in carrying out road and railway infrastructure proje...
Stock Investments Beat Bank Deposits In The First Ten Months
Investors’ darlings--Fondul Proprietatea (FP.RO), OMV Petrom (SNP.RO), the regional investment funds (SIF) and Banca Transilvania (TLV.RO)--generated significant yields ten months into the y...
Antitrust Authorities To Soon Finish Investigations Targeting Food And Electronics Retailers, Drug Distributors
Bogdan Chiritoiu, president of the Competition Council, announced that the institution will next year conclude an investigation into agreements between retailers such as Metro, Billa and Sel...
Retailers Opened 150 Supermarkets In January-October
Retailers in Romania have continued expansion and opened a new store every other day in the first ten months of the year, totaling 149 new units.